Frontier Oil Announces Expiration of Consent Solicitations
27 Mai 2011 - 2:23AM
Business Wire
May 26, 2011 – Frontier Oil Corporation (NYSE:FTO) announced
today the expiration of the consent solicitations launched on May
13, 2011 relating to Frontier’s 8.5% Senior Notes due 2016 in
aggregate principal amount outstanding of $200 million and 6.875%
Senior Notes due 2018 in aggregate principal amount outstanding of
$150 million to effect proposed amendments to the indentures
governing the notes.
Holders of more than 51% of the aggregate principal amount of
each series of notes have delivered and not revoked their valid
consents. The consents granted pursuant to the consent
solicitations are no longer revocable, effective at 5:00 p.m. New
York City time, May 26, 2011.
Frontier engaged UBS Investment Bank to act as the solicitation
agent in connection with the consent solicitation.
This announcement is not a solicitation of consent with respect
to any notes. The consent solicitation was made solely by the
Consent Solicitation Statement dated May 13, 2011 and the related
Consent Form.
About Frontier
Frontier operates a 135,000 bpd refinery
located in El Dorado, Kansas, and a 52,000 bpd refinery located in
Cheyenne, Wyoming, and markets its refined products principally
along the eastern slope of the Rocky Mountains and in other
neighboring plains states. Information about the Company may be
found on its website at www.frontieroil.com.
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